Huffington Post political reporter Sam Stein appeared on MSNBC's Morning Joe today to discuss President Obama's plan to rein in the rising national deficit. Stein noted that the President is stuck in a tricky spot because concerns about not increasing the deficit are hurting his efforts to spend money to stimulate job growth. Ultimately, Stein argued, deficits will be less important than job growth. If Obama can stimulate job growth, then the government's tax receipts will increase and make handling the deficit a much more manageable problem.
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